After an upgrade, Apple changed the terms of use of its App Store in China and has started accepting Yuan-denominated settlement in the country.

Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has launched a new convenient Internet payment service.

The Anti-Phishing Alliance of China has announced that by the end of July 2010, the alliance had received 19,817 reports related to phishing websites, and e-commerce websites were the most imitated ones.

China UnionPay has collaborated with commercial banks, mobile communication operators, and mobile phone manufactures for the establishment of the Mobile Payment Industry Alliance in China.

Microsoft China and China Financial Certification Authority have jointly announced that several Chinese banks, including China Construction Bank; Industrial and Commercial Bank of China; China Merchants Bank; and Shanghai Pudong Development Bank have achieved the seamless compatibility of their online banking systems with the Windows 7 operating system.

Alipay, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it will lift the limit on large credit card payments.

Industrial and Commercial Bank of China has announced that with the cooperation with all the three major Chinese telecom operators, China Mobile, China Telecom, and China Unicom, it has formally launched its 3G mobile phone bank services.

Chinese B2B e-commerce giant Alibaba plans to help Chinese small and medium enterprises gain CNY6 billion in loans from banks in 2009 to help them overcome the impact of the global financial crisis.

Formed by Chinese banks, securities institutions, e-commerce websites and domain name management and service organizations, the China Anti-phishing Website Alliance has been founded to fight phishing websites through better management of domain names and domain name servers.

Chinese e-commerce provider Alibaba has announced an initiative to launch an online platform to help small and medium enterprises in China solve their difficulties in receiving financing.